LAW360 C3 LEGAL & REGULATORY MEDIUM RISK Published 15 Oct 2026 at 22:22 UTC, affecting US

Law360: Winklevosses' Crypto Co. Gemini Can't Ditch CFTC Settlement

A federal judge refused to void a settlement between Gemini and the CFTC regarding a prior enforcement action, despite changes in crypto policy under different U.S. administrations.

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What happened

A federal judge refused to void a settlement between Gemini and the CFTC regarding a prior enforcement action, despite changes in crypto policy under different U.S. administrations.

Named in this item

2 entities
STATUS NAME ISO PROGRAM IDENTIFIER
Commodity Futures Trading Commission
Organization, regulator
US — —
Gemini
Organization, fined
Screen this name
US — —

What compliance teams should check

  • Review enforcement actions involving Gemini and the CFTC
  • Assess exposure to Gemini for ongoing compliance risks
  • Monitor regulatory developments in U.S. crypto policy
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FROM THE NOTICE A New York federal judge on Thursday denied a request by the U.S. Commodity Futures Trading Commission and Winklevoss-owned cryptocurrency exchange Gemini to throw out a settlement signed by the company to end a Biden-era enforcement action, saying there's no significant change of facts and a crypto policy shift under the Trump administration doesn't negate the deal. Law360, 15 Oct 2026, 22:22 UTC, law360.com

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